In This Article
- Yasser K. Ahmed Acquires Lugogo Mall
- Rebranding as YK Lugogo Mall
- Harriss International's Background
- Yasser K. Ahmed's Business Ventures
- Impact on Uganda's Retail Sector
- Future Prospects
Key Takeaways
- Yasser K. Ahmed, co-founder of Harriss International Limited, has acquired and rebranded Uganda's Lugogo Mall as YK Lugogo Mall, marking a significant expansion in the retail sector.
- The mall now hosts major tenants like China Town and Carrefour, replacing previous occupants Game and Shoprite.
- Ahmed is a prominent Lebanese businessman in Uganda, leading Harriss International—a company partially owned by the Oppenheimer family—and operating Biplous, a leading furniture manufacturer.
- His role as Honorary Consul of Lebanon in Uganda highlights his dual influence in business and diplomatic realms.
- The acquisition underscores Ahmed's strategic focus on strengthening his commercial presence in Uganda's evolving retail landscape.
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Yasser K. Ahmed, co-founder of Harriss International Limited, has made a significant move in Uganda's retail sector by acquiring the iconic Lugogo Mall. The mall, now rebranded as YK Lugogo Mall, is a hub for major retail outlets, including China Town and Carrefour.
Previously, the mall housed Game and Shoprite, which were later replaced by the current tenants. Ahmed, a Lebanese national and chairman of Harriss International, is widely recognized for his leadership in the company behind popular brands such as Riham, Rock Boom, Krystal Water, and Oner.
Harriss International, partially owned by the Oppenheimer family of South Africa, has been a key player in Uganda's consumer goods sector since its establishment in 2005. Ahmed co-founded the company alongside Chadi K. Ahmad and Mr. Izzat in Tula, Kawempe.
In addition to his role at Harriss International, Ahmed is the driving force behind Biplous, one of Uganda's leading furniture manufacturers. He also serves as the Honorary Consul of Lebanon in Uganda, further cementing his influence in both the business and diplomatic spheres.
The acquisition of Lugogo Mall marks a new chapter for the retail destination, with its rebranding as YK Lugogo Mall signaling Ahmed's commitment to expanding his footprint in Uganda's commercial landscape.
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